Is this the correction everybody is looking for? The best pattern I can put together to make their wishes come true is an Ending Diagonal Triangle. Inside the triangle there is supposed to be a 5 wave count that I won't attempt to draw. Suffice it to say it should touch the top line of the triangle one more time before heading lower. Then perhaps an A B C...
CELRBTC on Binance in major good shape! We are most likely on the C-Wave. We have a 5th Wave ending Diagonal and are about to Booom! Remember Money Management, Risk Management and PUT THAT STOP LOSS! D4 Give a LIKE for being a WORK HORSE working day and night!
Watch for price to push higher towards the Blue box if we break through the orange box which is a supply zone. I believe we have a completed 3 wave structure as well and we are gearing up for a Impulsive Bullish wave
Look for a potential breakout to the upside to start a big Bullish trend
ending diagonal coming soon how about this posible scenario
Disclaimer - This is not financial advice and I am not responsible for any losses you may incur. This is only for research and educational purposes.
Gold is in the middle of a corrective structure. The structure is still forming and it is not yet clear if it is a variation of a Flat pattern or a zig zag. It is clear that price will make an initial sell off to retest the low of the A wave support, then it will either push to the blue box to finish the corrective structure forming a zig zag or it will push back...
We see here two ending diagonals overlapping and coinciding with the 61.8 retracement in a larger timeframe of the bullish impulse. We should expect price to go up, and we should take partial profits whenever price reaches wave 2 of each ending diagonal.
Hello traders! Today we will talk about EURCAD! Well, looking at the 4-hour chart, it's trading impulsively bearish, but in the last couple of weeks price has slowed down, which gave us an idea of a completed five-wave drop, where fifth wave was an ending diagonal. regardin EW, when ending diagonals fully complete, usually sharp and impulsive reversals occur and...
I count an impulse wave up since Christmas, with an ending diagonal wave 5. It makes sense that would get some sort of retrace soon, since we have been going straight up for the past two months. Other bearish indicators are resistance here around 2800, and high RSI into overbought territory. Targets are fib retraces: ~2700, and ~2630
This is what I'm seeing for bitcoin as a last chance for the bulls. $3250 is an area I'm eyeing to complete current corrective Wave-B and then should Bitcoin should take us above $4000 as a motive Wave-C of current ABC correction. Current pattern looks like Ending Diagonal.
Elliott Wave Count: Flat Correction (3-3-5) - Waves A and B of the Flat have completed. - Wave C is an Ending Diagonal (*A very small percentage of diagonals appear in the C-wave position* | sequence 3-3-3-3-3) Current Predictions 1) Targeted "Top" of Wave C of Ending Diagonal Wave 4 of the Flat Correction near the .618 Fib @ $242.84 2) Beginning of descending...
Double wedge formation with 3 abc legs inside every wave of leg A and leg C which should be complete as a final running flat pattern.
Just messing around with EW... (seem to mess around with chart layout/scaling, hmm..)
This Ending diagonal will lead us to $3300-#3200.
Cómo se opera el siguiente movimiento luego de una estructura "ending diagonal" completa? Aquí está, espero les sea de aporte a su trading!!!